The Joint Regional Planning Panel has approved a development application to build two residential towers, containing 188 apartments, and including three levels of basement parking, seven ground level shops and a medical centre.

It will be on the corner of the Bigge Street/Hume Highway intersection, Warwick Farm.

Liverpool deputy mayor, Councillor Mazhar Hadid said the project had a capital investment value of more than $39 million, and would provide much- needed infrastructure for the northern end of the CBD.

"The development will achieve design excellence through a high standard of architectural excellence and design flexibility, while catering for Liverpool's booming population," he said.

"In addition, a medical facility located on the ground floor will complement the existing nearby medical precinct."

The primary tower will be 16-storeys and contain 116 of the 188 units.

The secondary tower, located behind the first, will have frontage to the Hume Highway and Browne Parade.